Under which of the following terms will the buyer be required to pay transportation costs?
A) FOB destination
B) FOB shipping point
C) freight out
D) freight in
B
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Which of the following is NOT an argument to support international trade?
a. Trade can be a powerful antimonopoly tool. b. Trade is a way to take advantage of economies of large scale production. c. Trade is a method of transferring knowledge and information. d. Trade is a method of achieving income equality across sectors of an economy.
What does a market segment consist of?
What will be an ideal response?
______ leaders emphasize building legitimacy through honest relationships with followers, seeking their input to improvement performance.
a. Transformational b. Authentic c. Charismatic d. Transactional
Bitonti Corporation has provided the following data for its most recent year of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$9Direct labor$7Variable manufacturing overhead$5Fixed manufacturing overhead per year$156,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$81,000 Units in beginning inventory0Units produced during the year12,000Units sold during the year11,000Units in ending inventory1,000 The unit product cost under absorption costing is closest to:
A. $34.00 B. $39.00 C. $13.00 D. $21.00